Target notched an impressive beat when it reported its Q2 earnings earlier this morning (May 22), with earnings and sales both clearing analyst predictions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
To prevent consumers from leaving their carts behind before they pay, businesses need to have strong online checkout processes that convert online shoppers into customers. The aim is to head off the real and pertinent issue of checkout abandonment, which, according to some estimates, happens...
Selling alcohol is a more complicated process than the average consumer generally appreciates when they order a glass of wine with their restaurant meal or pick up something at a liquor store. Some of the difficulty is that alcohol is one of the most regulated...
With loyalty, digital marketing and merchandise contributing to declines across its full-priced and off-priced businesses, Nordstrom reported first-quarter earnings that were below analysts’ expectations. The department store retailer reported revenues of $3.4 billion and earnings per share of 23 cents compared to analyst’s expectations of $3.6...
While there aren’t too many universally common experiences among human beings, eating and sleeping will always and everywhere make the list. Of the two, eating is the more obviously monetizable activity, since food (or something like it) is something than can be sold directly to a...
Smartphones fit squarely in the center of the social and digital lives of many shoppers — and provide these consumers with constant connectivity. They have also created a new market standard, with consumers expecting that their needs to be met right away — whenever as...
As brick-and-mortar retailers work to survive in this digital age, they are looking to another digital tool in that ongoing effort: 3D mapping. It’s among the latest ways that spatially focused technology promises to improve the retail experience. Get the Full Story Complete the form to...
In an effort to take advantage of one of fashion’s fastest growing areas, Urban Outfitters is tapping into the clothing rental market. The company is rolling out a monthly service through a new business named Nuuly that enables customers to borrow six items from its...
To concentrate on the company’s more profitable brands, Ascena Retail Group is planning to shutter approximately 650 Dressbarn stores. The company also owns apparel chains Loft and Ann Taylor, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
